Retail premises to let in Gibraltar Street, Sheffield S3

From £12,500 pa (£28.15/sq. ft. pa)
Interested in this property? Call +44 114 446 9322 * or Request Details

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Retail premises to let

444 sq. ft*

Property description

Key Points

  • Ground floor retail premises suitable for a variety of retail / Class E uses
  • Located within exciting area undergoing regeneration between Sheffield city centre and Kelham Island
  • Within an attractive parade of shops with traditional shop window frontages
  • Small business rate relief should apply for an ingoing tenant
  • Available on a new lease
  • Description

    153 Gibraltar Street offer a ground floor retail sales area with WC facilities to the rear. The property benefits from a traditional shop frontage with good natural light and ceiling height. The property includes laminate flooring, inset door entrance, and spot lights.

    Location

    The property is located on Gibraltar Street which is a thoroughfare between Sheffield city centre and Kelham Island. The property is located within a retail parade of shops with traditional shop window fronts. The location is within and surrounded by areas undergoing regeneration including Kelham Island, West Bar and Sheffield City centre.

    Within the parade there are a number independent occupiers including Pearson & Earl’s Barbershop, M Hotpot or Skewer, Lost in West Bar, Native Restaurant, and W Cake or Bread. The property is located opposite the Shakespeare public house, and within walking distance of The Gym Group, Riverside Kelham, Tesco Express, The Fat Cat, etc.

    Rating Assessment

    Based on information obtained from the Valuation Office Agency websites the demise is rated as follows:-

    Address: 153, Gibraltar Street, Sheffield, S3 8UA
    Description: Shop and premises
    Rateable Value: £3,000

    The property should qualify for Small Business Rate Relief. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes

    Planning

    We are informed the property was most recently occupied as a retail (Class E) use. The property may be suitable for a variety of retail and service uses and we would encourage interested parties to verify that their intended uses are suitable with Sheffield planning authority.

    Lease Terms

    The property is available on a new lease on terms to be agreed, for a minimum of a 3 year lease.

    Rent Deposit

    The landlord will seek a rent deposit to be held over the terms of the lease.

    Rent

    £12,500 pa. Rent to be paid monthly or quarterly. We are informed VAT is not payable on the rent.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    SMC Chartered Surveyors, S1 on +44 114 446 9322 * (local rate)

    Contact SMC Chartered Surveyors about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SMC Chartered Surveyors, and do not constitute property particulars. Please contact SMC Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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